Used Car Prices Peak at Raymond Niles blog

Used Car Prices Peak. overall used car prices fell in august to an average of $33,414, as dealers dropped prices across the board to maintain sales momentum. However, that’s down from 2022’s peak north of $30,000. the wholesale value of secondhand vehicles was down 7.0 percent at the end of 2023, which was a sharper decrease than analysts. while they’re down from their peak during the pandemic, used car prices are still about 40% higher than before covid, according to the bureau. data from edmunds shows the average price of a used car purchase in december at $29,533, down nearly $1,600. today, in 2024, the average used car price is $25,328.

Usedcar prices return to ‘typical’ seasonal trend in November Auto
from www.autofinancenews.net

today, in 2024, the average used car price is $25,328. overall used car prices fell in august to an average of $33,414, as dealers dropped prices across the board to maintain sales momentum. while they’re down from their peak during the pandemic, used car prices are still about 40% higher than before covid, according to the bureau. the wholesale value of secondhand vehicles was down 7.0 percent at the end of 2023, which was a sharper decrease than analysts. data from edmunds shows the average price of a used car purchase in december at $29,533, down nearly $1,600. However, that’s down from 2022’s peak north of $30,000.

Usedcar prices return to ‘typical’ seasonal trend in November Auto

Used Car Prices Peak while they’re down from their peak during the pandemic, used car prices are still about 40% higher than before covid, according to the bureau. However, that’s down from 2022’s peak north of $30,000. data from edmunds shows the average price of a used car purchase in december at $29,533, down nearly $1,600. today, in 2024, the average used car price is $25,328. the wholesale value of secondhand vehicles was down 7.0 percent at the end of 2023, which was a sharper decrease than analysts. overall used car prices fell in august to an average of $33,414, as dealers dropped prices across the board to maintain sales momentum. while they’re down from their peak during the pandemic, used car prices are still about 40% higher than before covid, according to the bureau.

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